A general partner's outside basis in a partnership is generally equal to their tax-basis capital...
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Accounting
A general partner's outside basis in a partnership is generally equal to their taxbasis capital account plus which of the following? Fair market value of property they contributed. Their share of partnership liabilities. Their share of partnership assets. Total guaranteed payments they received,
A general partner's outside basis in a partnership is generally equal to their taxbasis capital account plus which of the following?
Fair market value of property they contributed.
Their share of partnership liabilities.
Their share of partnership assets.
Total guaranteed payments they received,
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